Political Quotes

Steve Buyer: We have. We have held three hearings. Part of the reason dealt with their modeling and their forecasting. For the 2005…

On the recordJuly 26, 2005
We have. We have held three hearings. Part of the reason dealt with their modeling and their forecasting. For the 2005 budget, they used 2002 data, and they also had false assumptions. So we have informed them that they have every opportunity to get right the 2007 budget because now they tell us about the use of old data and poor measuring criteria. So they have every reason now to get it right. So what are they changing with regard to their assumptions and how are they improving the data with regard to the 2007, because that is what they are doing right now. So what has occurred is we get the 2005 right. They come with a 2006 budget amendment. We just held a hearing on the 2006 budget amendment, which is just under $2 billion; and then we told them that we are going to do some handholding as they prepare the 2007 budget.
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Steve Buyer
Indiana

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